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According to the public record, Willow Stable Cottage, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 802 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Willow Stable Cottage, Morpeth is £186,668 and the estimated rental value is £1,218 per month.
Longframlington, Morpeth, NE65 is located within the NE65 postal district.
Willow Stable Cottage, Morpeth has a single entry in the Land Registry from March 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Willow Stable Cottage, Morpeth is in very good condition we estimate a sale value of £196,002 and a rental value of £1,279 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,601 and a rental value of £1,133 per month.
Over the last 12 months the sale value of Willow Stable Cottage Morpeth has increased by an estimated £3,811 (2.0%) and its rental value has increased by an estimated £45 per month (3.7%), giving an expected gross yield of 7.8%.
According to HM Land Registry, Willow Stable Cottage, Morpeth was last sold on 16th March 2016 for £100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has risen 33.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Willow Stable Cottage, Morpeth within a radius of 5.3 kilometres over the last 2 years.
The most recent example is Poppy Cottage, Dene House Farm, Morpeth, NE65 8EE, a freehold house which sold for £145,000 on the 25th April 2019.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longframlington, Morpeth, NE65 has a total of 216 addresses. According to our analysis of all the public data, Willow Stable Cottage, Morpeth is the 186th largest and the 192nd most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in NE65.
The closest station to Willow Stable Cottage, Morpeth is Acklington station which is 8.5 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Willow Stable Cottage, Morpeth, 46.8% of property is privately owned outright and 37.3% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Willow Stable Cottage, Morpeth, 14.3% of residents are recorded as possessing school level qualifications and 49.4% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Willow Stable Cottage, Morpeth, the average age was 50.7 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Willow Stable Cottage, Morpeth, 3.4% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Willow Stable Cottage, Morpeth, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.